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<p>We are committed to supporting employers to engage with apprenticeships to help
invest in the long-term skills needs of their business. We have already seen employers
making use of transfers to support apprenticeship starts in their supply chains, or
to meet local skills needs. Since April 2018 there have been 1,020 transferred commitments
where the transfer of funds between apprenticeship service accounts had been approved.
Of these transferred commitments, 780 have so far resulted in apprenticeship starts.</p><p>We
have taken a number of steps to make it easier for levy-paying employers to transfer
funds to other employers. In response to employer feedback, in April 2019 we raised
the cap on transfers to 25% of the annual value of funds entering levy-payers’ apprenticeship
service accounts. We have also announced that we will shortly enable levy payers to
transfer funds to cover the full cost of training for 16 to 18 year olds in the smallest
businesses with fewer than 50 employers.</p><p>Transfers give levy-paying employers
more options in how they use their levy funds, as well as creating apprenticeship
opportunities for organisations who may have previously felt that employing an apprentice
was beyond their reach. We are pleased to see that levy payers with uncommitted funds
are increasingly using transfers to support apprenticeship starts in non-levy paying
employers.</p><p> </p>
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